Form 26AS is essentially a tax passbook maintained by the Income Tax department. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax pa ...

First, let’s understand what Form 26AS is – it’s essentially a tax statement that is linked to the taxpayer’s PAN. It shows ...

Form 26AS displays taxpayers' financial statements and can be accessed via the Income Tax portal or your banks' website. Taxpayers can view, download, and provide feedback on the document.

ITR: For salaried individuals, Form 16 is a crucial document for filing the income tax return (ITR). As per the regulations, employers must file their e-TDS return for the January–March quarter by 31 ...

Banks are mandated to deduct Tax Deducted at Source (TDS) under the Income-tax laws if the total interest earned on deposits ...

The Bombay High Court has recently held that employees cannot be penalised for employer’s failure to deposit tax deducted (TDS) from salary. “The object and purpose behind the provision is to the ...

Salaried taxpayers may want to wait before filing ITR for AY 2026-27. Here’s how AIS, Form 26AS and TIS updates can impact refunds and tax notices. If you are a salaried taxpayer, it may be wise to ...